Rafiki Microfinance Bank is a place where creativity and positive ambition are infectious. We are restless to win, to meet the changing needs of our customers and unlock growth opportunities.

Responsiblities

• Developing and or updating the Annual risk and compliance program, Charters, policies and procedures.
• Ensure risk based reviews are conducted as per risk and compliance annual program.
• Reviewing of risk metrics and tools to ensure risk based monitoring and reporting in line with current risk trends.
• Have oversight of all risk and compliance monitoring activities.
• Prepare/Review the risk and compliance reports for Presentation to the Departmental and or Branch Management
• Provide guidance & advice to relevant functions within the Bank towards strengthening regulatory compliance and mitigating Compliance risks.
• Ensure participation in relevant committees, reviews, and preliminary investigations to consider & highlight Compliance issues/ risks and make recommendations for enhancing risk controls.
• Procure tools & systems as required for management of risk.
• Serve as the point of contact/liaison between the Bank, Regulators, and relevant external parties on compliance risk related matters/queries.
• Cause to increase Risk knowledge of the organization through training and awareness programs.
• Developing and documenting policies, procedures, and controls to identify, mitigate, and manage risks
• Developing and implementing AML/CFT policy to safeguard financial systems
• Review/Prepare Reports for Presentation to the Board Risk Committee
• Performance management of the staff in the department
• Coaching and mentorship of staff in the department.
• Prepare Annual Budgets for the Department
• Interviewing of staff to be recruited in the Department
• All other roles as assigned

Requirements

Knowledge; Skills and Experience required for this Role:  

• Bachelor’s degree in a business related field
• Over 10 years’ experience in a relevant risk and compliance environment

Experience in a Financial Institution is an added advantage 

• Interpersonal skills
• Analytical skills
• Integrity
• Confidentiality
• People management skills
• Keen on details
• Organizing and planning skills
• Excellent Communication and presentation skills
• Ability to understand and interpret financial information and principles